Which broker is better for Italy traders in 2026? Expert analysis across 12 categories.
Italy traders looking for a reliable forex broker in 2026 often compare FxPro and Libertex, two well-established platforms serving the European market. FxPro, with a score of 4.1/5, is a London-based broker regulated by top-tier authorities including the FCA and CySEC, and it operates under CONSOB oversight for Italian clients—offering a high level of investor protection. Libertex, scoring 3.7/5, is a Cyprus-based broker known for its user-friendly interface and social trading features, also regulated by CySEC under MiFID II. Both brokers accept Italian residents and support EUR accounts, making them accessible for retail traders. However, local factors like payment methods (SEPA, Bank Transfer, PostePay) and regulatory compliance with CONSOB guidelines matter greatly for Italian traders. This comparison breaks down spreads, platforms, deposit options, and regulation specifically for Italy, helping you choose the right broker based on your trading style and priorities.
| Instrument | FxPro | Libertex | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | Libertex |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | Libertex |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | Libertex |
| Standard acc spread | from 1.0 pips | from 0.8 pips | Libertex |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $10 | Libertex |
For Italy traders, trading costs are a critical factor, especially for those trading high volumes on EUR/USD or other major pairs. FxPro offers competitive spreads starting from 0.6 pips on its cTrader platform, with a commission-based model that can lower costs for active traders. Libertex, in contrast, has slightly higher spreads averaging 1.2 pips on EUR/USD but compensates with zero commissions on most instruments. Over a month of frequent trading, FxPro’s lower spreads can save Italian traders 10-20% in costs compared to Libertex, though Libertex’s simplicity may appeal to beginners who prefer fixed costs. Both brokers charge no deposit or withdrawal fees for EUR transactions via SEPA, which is a plus for Italy-based users.
| Account Type | FxPro | Libertex |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✗ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $10 |
| Entity / Asset | FxPro | Libertex |
|---|---|---|
| Italy (offshore) | Up to 1:500 | Up to 1:999 |
| Forex major pairs | 1:500 | 1:999 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FxPro | Libertex | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FxPro |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FxPro |
| Crypto CFDs | 30+ | 20+ | FxPro |
| Stocks / Share CFDs | 1,000+ | ✗ | Libertex |
| ETFs | ✗ | ✓ | Tie |
| Platform | FxPro | Libertex |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✗ |
| MetaTrader 5 (MT5) | ✓ | ✗ |
| cTrader | ✓ | ✗ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✗ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
FxPro provides Italy traders with a choice of three powerful platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, each offering advanced charting tools, automated trading via Expert Advisors (EAs), and fast execution. This flexibility suits both manual and algorithmic traders. Libertex, on the other hand, offers its proprietary web and mobile platform, which is intuitive and beginner-friendly, plus integration with MetaTrader 5 for more experienced users. For Italian traders who value advanced analysis and customization, FxPro’s platform range is superior. Libertex’s simpler interface may be better for those new to trading or who prefer a streamlined experience.
| Factor | FxPro | Libertex | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | Libertex |
| Avg execution speed | ~30ms | ~40ms | FxPro |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✗ | Tie |
FxPro boasts fast execution speeds with a no-dealing-desk (NDD) model, using STP and ECN execution to minimize slippage—ideal for Italian scalpers and day traders. Libertex uses a market maker model, which can lead to slightly slower execution and potential requotes during volatile markets. For Italy traders focused on precision and speed, FxPro’s execution quality is clearly superior.
| Safety Factor | FxPro | Libertex |
|---|---|---|
| Primary regulator | FCA | CySEC |
| Top-tier regulated | ✓ | ✗ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is paramount for Italian traders, and both brokers comply with CONSOB requirements under the MiFID II framework. FxPro is regulated by the FCA in the UK and CySEC in Cyprus, with a strong reputation for client fund segregation and negative balance protection—benefits that directly protect Italian retail traders. Libertex is regulated solely by CySEC, which also ensures client funds are segregated and provides access to the Investor Compensation Fund (up to €20,000). However, FxPro’s additional FCA oversight adds an extra layer of security. For Italy traders, FxPro’s tighter regulatory supervision may inspire more confidence, especially for those concerned about broker reliability.
| Payment Method | FxPro | Libertex |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✗ | ✗ |
| Withdrawal time | 1 business day | 5 business days |
Depositing and withdrawing funds is seamless for Italy traders at both brokers, as they support SEPA bank transfers, standard bank transfers, and PostePay—the popular Italian prepaid card system. FxPro also accepts credit/debit cards (Visa, Mastercard) and e-wallets like PayPal, Skrill, and Neteller, with no fees for EUR deposits and withdrawals. Libertex similarly offers SEPA transfers and PostePay, plus UnionPay and Neteller options. Minimum deposits are low: €100 at FxPro and €50 at Libertex. Withdrawal times are comparable, with SEPA transfers taking 1-3 business days and e-wallets processed within 24 hours. Both brokers process withdrawals in EUR, avoiding currency conversion fees for Italian users.
| Islamic Account Feature | FxPro | Libertex |
|---|---|---|
| Swap-free available | ✓ | ✗ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
For Italy’s Muslim traders seeking Sharia-compliant accounts, both FxPro and Libertex offer Islamic (swap-free) accounts. FxPro provides these accounts on all its platforms (MT4, MT5, cTrader), with no swap or interest charges on overnight positions, and they are available to clients in Italy upon request. Libertex also offers swap-free accounts, but the feature is limited to specific instruments and may require a minimum deposit. Italian traders should note that Islamic accounts may have conditions such as longer holding periods or higher spreads on some pairs. Overall, FxPro offers more flexibility in this area, making it the preferred choice for Muslim traders in Italy.
| Support Feature | FxPro | Libertex | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✗ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FxPro |
Customer support is available in Italian at both brokers, which is crucial for local traders. FxPro offers 24/5 multilingual support via live chat, email, and phone, with a dedicated Italian team. Libertex also provides Italian-language support through live chat and email, but phone support is limited to business hours. For Italy traders who value quick issue resolution, FxPro’s round-the-clock availability gives it an edge.
| Mobile Feature | FxPro | Libertex | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FxPro |
| Google Play rating | 4.3 stars | 4.2 stars | FxPro |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FxPro | Libertex | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | ✗ | FxPro |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FxPro |
Choose FxPro if you...
Choose Libertex if you...
For Italy traders in 2026, FxPro emerges as the stronger choice overall, thanks to its higher trust score (4.1/5), tighter spreads, and superior regulatory oversight under CONSOB and FCA. It supports local payment methods like SEPA, Bank Transfer, and PostePay, making deposits and withdrawals hassle-free for Italian users. Libertex, while beginner-friendly and offering zero-commission trading, falls short in terms of spread costs, platform variety, and execution speed. If you are a retail trader in Italy who prioritizes low costs, advanced tools, and strong regulation, FxPro is the recommended broker. However, if you are just starting out and prefer a simple experience with a low minimum deposit, Libertex can still be a viable option. Always review your own trading needs before committing.